Syntracts Forms Landmark Partnership with AmLaw 25 Firm
In a significant development for the legal technology sector, Syntracts, the pioneering contract intelligence platform, has secured a multi-year partnership with a prominent AmLaw 25 law firm. This collaboration marks a pivotal moment in the deployment of on-premise AI solutions within the legal field, especially among large firms where data privacy and operational efficiency are paramount.
The Unique Position of Syntracts
Syntracts stands out in the crowded legal AI landscape as the sole provider focused entirely on full on-premise deployment. Unlike traditional AI tools that often depend on cloud-based large language models (LLMs) or third-party APIs, Syntracts utilizes proprietary, open-source models tailored specifically for the legal industry. This approach not only ensures the security of sensitive legal data but also produces highly structured outputs designed to streamline real-world legal workflows.
According to Doug Bemis, co-founder of Syntracts and former CTO at Uber AI Labs, the platform addresses a crucial gap in legal AI performance. In his words, "You can't turn a generalist LLM into a legal expert just by prompting." Syntracts was built to offer reliability and accuracy, employing models that are custom-trained using synthetic legal data generated from each client's existing documents.
Accelerating Contract Intelligence and Reducing Time
With a phased rollout expected over the next 24 months, Syntracts is set to transform the firm’s contract management process. It promises to reduce contract profiling time by at least 80%, shortening hours-long evaluations to less than 30 minutes, especially when integrated into API workflows, where the processing time can approach zero. The outputs produced by Syntracts align perfectly with the firm's predefined schemas, eliminating the need for time-consuming human reviews or post-processing.
Advantages of the Syntracts Approach
Syntracts' innovative model provides four key advantages for law firms:
1.
Complete Privacy: All models operate on-premise, ensuring that no data is exported outside the firm’s secured systems.
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Structured Outputs: Results are pre-formatted for seamless integration into existing legal workflows, enhancing operational efficiency.
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Scalable Solutions: The AI platform automates extraction processes without requiring additional human resources or prompting.
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Custom Training: Synthetic models are developed from each firm's unique documents, leading to highly relevant and accurate outputs.
Christopher Martin, another co-founder and legal tech expert, highlighted the importance of performance and security in the current digital landscape: "Prompt-based systems often lack the scalability needed for efficient legal practice. Syntracts was designed with stringent data compliance standards, ensuring real results through structured outputs that mirrors how lawyers engage with contracts. This partnership is an endorsement of our commitment to secure and effective legal AI."
Recognition and Future Aspirations
In addition to its partnership with the AmLaw 25 firm, Syntracts has gained credibility as a participant in AO Shearman's Fuse Incubator, a prominent innovation program within the legal industry. Being selected from a vast number of applicants, Syntracts is recognized for its distinctive contribution to enhancing collaboration and expanding use cases in legal analytics and AI infrastructure.
As Syntracts continues to evolve, it paves the way for integrating AI into legal practices while prioritizing client data security and operational excellence. With a strong foundation in both legal understanding and cutting-edge technology, Syntracts is poised to not just meet but exceed the needs of legal professionals in the age of digital transformation.
About Syntracts
Founded by industry veterans Doug Bemis and Christopher Martin, Syntracts is shaping the future of contract intelligence in the legal field by focusing on secure, precise, and scalable AI solutions customized for corporate legal teams and BigLaw firms. Discover more about their innovative offerings at
Syntracts.